Contradiction with John 1:11
This verse states that Jesus came unto his own, and his own did not receive him, which contrasts with the belief of preciousness to those who believe mentioned in 1 Peter 2:7.
John 1:11: He came unto his own, and his own received him not.
Contradiction with Isaiah 53:3
This verse describes Jesus as being despised and rejected by men, which contrasts with the idea of him being precious to believers in 1 Peter 2:7.
Isaiah 53:3: He is despised and rejected of men; a man of sorrows, and acquainted with grief: and we hid as it were [our] faces from him; he was despised, and we esteemed him not. [we hid...: or, he hid as it were his face from us: Heb. as an hiding of faces from him, or, from us]
Contradiction with Psalm 118:22
This verse talks about the stone the builders rejected becoming the cornerstone, indicating rejection which contrasts with the precious honor mentioned in 1 Peter 2:7.
Psalm 118:22: The stone [which] the builders refused is become the head [stone] of the corner.